Progressive Employer Services

Headquartered in Sarasota, Florida, Progressive Employer Services is a professional employer organization (“PEO”) serving small and midsize companies. The company operates as an outsourced human resources department for its clients and maintains a co-employment relationship with all client employees. The company’s services range from payroll, taxes, and 401(k) administration to benefits, recruiting, and training. Due to Progressive’s sound underwriting practices, aggressive safety and loss control, and extensive experience, the company is becoming a leader in the PEO industry. Progressive will continue to separate itself from its competitors with exceptional customer services, exceptional payroll administration, comprehensive employee benefits, personal and professional human resource and compliance assistance and proactive internal and external risk management.

has sold $6M Equity Membership Units to

The undersigned served as exclusive financial advisor to Progressive Employer Services for this transaction.

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Client Testimonials

"Hyde Park’s team guided us through the process, providing us with a number of high quality counter-parties, and supported us through the transaction structuring, negotiation and due diligence. We are very pleased with the outcome and excited for the future of DTS.”
Allen Ibaugh, Co-Founder and CEO of Data Transfer Solutions
“We enjoyed working with Hyde Park Capital and appreciated their M&A expertise in the technology services sector and their help on this important transaction.”
Chris Toepke, CEO of Trifecta
“We very much appreciated the assistance of Hyde Park Capital on this strategic acquisition for ITE. Their M&A experience was quite helpful to our team and the overall process and assured the deal was well executed and we got it closed on schedule.”
Scott Dols, CEO of Industrial Truck & Equipment, LLC